SAMKRG PISTONS & RINGS LTD - suggested @ Rs.163 reported Rs.1.68 Cr net profit ( Rs.3.26 Cr) in March quarter. Company's full year profit is Rs.12.3 Cr ( Rs.10.7 Cr) and EPS is Rs.12.76. Company declared a dividend of Rs.3 per share.Though its last quarter was below expectation ,on a full year basis , company's performance is satisfactory .It is one of the quality companies from this sector and expecting sector growth linked performance going forward. Stock corrected post result and currently trading around Rs.148.Still it is one decent company from auto component sector and those interested to keep some exposure in this secor can still HOLD it
HINDUSTAN TIN WORKS LTD- Suggested @ Rs.70 reported Rs.1.32 Cr net profit ( Rs.2.02 Cr) in March
quarter. Company's full year profit is almost flat compared with last year as Rs.8.6 Cr ( Rs.8.4 Cr) and EPS
is Rs.8.23. Company declared a dividend of Rs.1 per share.This is one company deviated mostly, from my growth expectations due to my failure to understand the business dynamics ( Metal Packaging)..Stock is currently trading around Rs.60 which implies a P/E of just 7 . Though there is not much down side risk , if interested ,may consider shifting to some other company with better growth prospects .
MOLD-TEK PACKAGING - Suggested @ Rs.78 , reported Rs.4.14 Cr net profit ( Rs.2.19 Cr) in March
quarter. Company's full year profit improved from Rs.9 Cr ro Rs.16.86 Cr and EPS
is Rs.14.40. Total dividend pay out for the year is Rs.4 per share .Recently company raised Rs.55 Cr by issuing shares to well known funds at a price of Rs.220 per share. Company now planning capacity expansion by starting new plants . Current price of stock is around Rs.180 .Suggesting to HOLD this stock and expecting bright future in long term
DION GLOBAL SOLUTIONS LTD -Suggested @ Rs.66 , reported Rs.21 Cr net profit ( Rs.1.44 Cr) in
March
quarter.Requesting to hold it at CMP Rs.130
What is your view on talbros result, I asked earlier in fb, if replied neglect this one...
ReplyDeleteThanks,
Harsha.
Result of Talbros showing almost the same trend of Samkrg or many other companies operating in this same sector. I think there is nothing wrong with these specific companies but the entire sector is yet to come out of woods.
DeleteDear VP,
ReplyDeleteKindly share your thoughts on :-
1.Mortality of layer bird has increased across the country on accounts of weather, this has pushed eggs price much higher to 3.30 from 2.70 – will have negative impact on profit margin of skm eggs.?
2. I understand that the heat has not/yet much affected South India and SKM. Is there any possible downside we should be aware of because of the heat & change in egg prices...?
Good day,
Darshan S.
In south , heat related issue is comparatively less than the case of north. But in general, these type one off , temporary issues are common in any business . Short term blips need not affect the business of companies in long term. They will adjust these type issues through various methods like passing on additional cost to customers, reduce the production volume for a quarter or so ..etc.Since this is a weather related issue , I don't think lower monsoon will repeat each and every year. Moreover South is the first to get monsoon and the same is expected any time from now . I think as an experienced company like SKM in this field they can manage the business successfully in coming quarters even if there is any slight negative impact in this quarter. Meanwhile we may fortunate to get a clear picture about company's further road map including capacity expansion ..etc in not so distant future. The question is whether we are a short tem player or a long term investor.
DeleteHaven't thought in this perspective although i am a long term investor. Will be happy to add more in these levels. Have a great day VP sir.
DeleteSir whats ur view on
ReplyDeleteNandan Denim Ltd, Kkalpana ind and Rubfila at CMP ?
Not tracking
DeleteSir could you please update the result of your old recommended stock fortis health
ReplyDeleteIt is a widely discussed company and views through different angles may available in various sources.
DeleteSir your views on excel post is also awaited
ReplyDeleteIf my memory is correct , already expressed my view post result as reply for comment
Deletesome of the new investors and so called market analysts still spending their time to blame VP sir`s new recommendation on Pantaloon Fashion & Retail. In fact, I remember that before 2 years ago he had recommended Marksans Pharma @ 3.5-3.6 rupees level. After his post on Marksans Pharma in his blog , based on his recommendation as a regular reader of VP`s blog I wrote in moneycontrol board that Marksans pharma will be a next multibagger will hit to 100 level in the coming years. Some board members replied that iam telling a joke or its my madness. what happend within two year ? share price increased from sub 3 level to 75 rupees!.... I hope that the same thing will happen for Pantaloon Future & Retail Also.
ReplyDeleteDear Shameer
DeleteI have no issue in such opinions and they have freedom to do that .I am just sharing my personal thoughts on certain companies and only the opinion of crowd is not a reason to change it if I have conviction. Here in this case ,there is no change in my previous opinion on this particular company and I believe any fall is good opportunity .Let time decide the rest.
Dear sir,
ReplyDeleteKindly give your valuable thoughts about wockhardt results sir, please.
More than result , the outcome of recently concluded USFDA inspection may act as the deciding factor in medium term. If the outcome is positive , irrespective of not so good result ,stock may move. Some knee jerk reaction can't rule out in short term due to Yesterday's result
DeleteThanks a lot sir, you are awesome as usual, sir one more query usually after the inspection is over how much time does it takes USFDA to give confirmation sir, if you had seen in other cases sir.
DeleteVP Sir please share views on your old pick pioneer investment corp (pinc) after it posting good results.
ReplyDeleteSir your views on Wonderla Holidays for the long term.
ReplyDeleteThank you.
It may turn as a steady gainer , not a speedy one.
DeleteCan I hold hindustan tin works for long turm??
ReplyDeleteMy buy price @100
Can I get this price in future? ?
Please advise. .Your long term view. .
Are you track radoya protein? ?
ReplyDeleteNot tracking it
DeleteSir I am holding many shares and sometimes shares give returns after very long holding period like in the case of relaxo. I have been holding stock for exceptionally long time and sometimes can't figure out whether it's really profitable to sell equity or not :) it's very complicated to me. And I am confused why have you written requesting to hold dion ltd. Pls don't take me wrong in any sense.
ReplyDeleteMarksans pharma, arrow coated, LA opala, granules, kaveri, Sequent, list will never end.VP does not need certificate of short term traders.
ReplyDeleteVP why don't you publish comment of your critic? I thought you would be open to a healthy discussion. Referring to my unpublished post on Pantaloons page.
ReplyDeleteThe critic must have at least a name man ,
DeleteSir, Your view on Orchid Chemicals, a beaten down stock due to high debt and profit impacted last few years. But Management of company has potential
ReplyDeleteHi VP, Your views on DCB Bank plz....
ReplyDeletesir,
ReplyDeleteyour view on BUTTERFLY GANDHIMATHI APPLIANCES currently trading at 150 quoting year low,how do us see the outcome in tamil nadu politics effecting this company
ramesh hyderabad
Company's performance in past few quarters really unbelieveable on the negative side.
DeleteVP,
ReplyDeleteRequest you to share your views on Astec Lifescience, on of your old recos.
Regards,
Neutral at CMP
Deletesir please share your view on SHREE HARI CHEMICAL LTD...
ReplyDeleteTHANKS FOR YOUR REPLY
Not tracking it
DeleteDear vpji,
ReplyDeleteI would like to know your views regarding sunil hitech after results. Although net profit has increased but their opm has decreased by approximately 20 basis point.
While analysing the performance of companies from sectors like Infra, Real estate, Engineering ..etc we muct keep the ground level situation in mind . Company's showing positive earnings itself is a great thing in a situation like this .Government initiated some steps to stimulate these sectors but the result will not happen all in a sudden . We must keep this point in our mind when we decide to invest in companies from such sectors and waiting period may bit long
DeleteDear VP sir,
ReplyDeleteYour views on ILandFS Engg results, your recent recommendation. Prima facie looks bad. Thanks sir
Yes Prima Facie , major reason is -there was an other income of Rs.48 Cr in last year same period.
DeleteHi VPji,
ReplyDeleteI am new to this blog I understand you are sharing your views on money control and Facebook also.
Request to share the link to follow pls.
Regards
Anurag
If I am not mistaken, from tomorrow onwards SEBI's new rule will be applicable. Let us wait and watch the implications of the same on various platforms for expressing opinion and then proceed..
ReplyDeleterespected sir,
ReplyDeleteHere i am attaching shareholding pattern of moldtek packing for march 2015. In which it is clearly mention that miss dolly khanna is left from company, which is also one of the important factor you consider while you recommended. so tell still one should invest in the company or not at current price of 176. link for shareholding pattern for march 2015. http://www.bseindia.com/corporates/ShareholdingPattern.aspx?scripcd=533080&flag_qtr=1&qtrid=85.00&Flag=New
I don't know how you concluded like this . In this quarter company issued fresh shares to Institutions @ Rs.220 . When we consider this extra shares , Dolly khanna's share holding went down to less than 1 % and hence her name will not come in 1% list even if she didn't reduced her holding.
Delete